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20131202
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FOX Business
Dec 3, 2013 3:00pm EST
to american eagle, jumping up 1.5% as well. very interesting to see these names, very sensitive to the tastes of fickle teenagers too. with stocks taking another dive today, how long will they stay down? is this the way of the future perhaps that people have been waiting for? let's get to the floor show, traders at the new york stock exchange, cme group and the nymex. teddy, you and i have been very sanguine about this, as long as the central banking system is completely friendly to low interest rates, we're going to continue to see a rally. how do you categorize a day like yesterday and today put together? >> listen, nothing goes straight up, liz, we know that. the market's been on a big roll. it feels, quite frankly, a lot worse than it is in terms of the psychology, but i think that's a reflection of the fact that a lot of people are -- whether they're right or not -- are convinced that the market has just gotten way ahead of itself and don't quite understand why the market's trading at these levels. so the minute you get a little weakness, you've got a lot of people running to the agents.
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